Bitcoin has dropped to our 1st major support as forecasted and is now bouncing off it strongly. Our 1st support is at 10319 (Fibonacci retracement, horizontal overlap support) and our major resistance is at 12970 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension).
Stochastic (34,5,3) is seeing a nice bounce above 7.2% support with good...
Ethereum is starting to make a pullback to our breakout level. This is usually a sign of bigger players pushing price back up to get in at a good entry. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and another reaction off this level could push price all the way down to 781 support (Fibonacci retracement, horizontal...
NZDUSD is testing our major support at 0.7336 really nicely (multiple Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 0.7428 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic (34,5,3) is seeing strong support above 8.0% where a corresponding bounce could occur...
Litecoin has shot up nicely after breaking our wedge formation. Our 1st support is at 212.77 (Fibonacci retracement, horizontal overlap support, pullback support) where a further bounce could occur in pushing price up to 264.42 resistance (Multiple Fibonacci retracements, horizontal swing high resistance).
Stochastic (21,5,3) is seeing strong ascending support...
EURAUD is bouncing nicely above major support at 1.5625 (Fibonacci retracement, horizontal swing low support) and a further rise could see price push up to 1.5770 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing a nice bounce above 4.8% support with really good upside potential, similar to what we’re seeing in...
Etherium has started to drop perfectly after breaking our ascending support line as forecasted. Our 1st major resistance is at 910.21 (Fibonacci retracement, horizontal overlap resistance) and a further drop could occur to push price all the way down to 781 support (Fibonacci retracement, horizontal swing low support).
RSI (55) has broken below our 46%...
Etherium is currently being squeezed against major resistance at 987 due to our ascending support line pushing it up bit by bit. We can see major resistance at 987 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at that level to push price down towards 781 support (Fibonacci retracement, horizontal...
EURGBP has reacted nicely off major resistance at 0.8911 (Fibonacci retracement, horizontal swing high resistance) and a strong reaction could continue from this level to push price down towards 0.8747 support (Fibonacci retracement, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 95% where it reacted nicely off. Huge downside...
AUDUSD has dropped perfectly as forecasted towards our major support. Now we’re seeing major support at 0.7891 (Fibonacci retracement, horizontal overlap support, bullish divergence) and a strong bounce could occur at this level to push price up towards 0.7934 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (21,5,3) is seeing major...
CADCHF has made a bullish exit of its long term descending channel, this is a huge sign for a potential bullish reversal. Our 1st support is at our breakout level of 0.7386 and we can see two major resistance levels at 0.7439 (Fibonacci retracement, horizontal overlap resistance) and 0.7469 (Fibonacci retracement, horizontal overlap resistance).
RSI (55) has also...
Silver is now testing major support at 16.63 (Fibonacci retracement, Fibonacci extension, horizontal overlap support) and a strong bounce could occur at this level to push price up towards 16.96 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing major support at 7% where a corresponding bounce could occur.
Trading...
Litecoin is now consolidating really nicely within a wedge formation. We prepare for a potential bounce above 212 major support (horizontal overlap support, Fibonacci retracement) with our next major resistance at 264.42 (Fibonacci retracement, horizontal swing high resistance).
Stochastic (21,5,3) can see an ascending support hold prices up and our bullish bias...
Bitcoin has continued to rise nicely and we’re seeing an ascending support line hold up prices really well. Our 1st major support is at 10319 (Fibonacci retracement, horizontal overlap support, ascending support) and a strong bounce could occur at this level to further push price up towards 12970 major resistance (Fibonacci retracement, horizontal overlap...
AUDUSD is testing major resistance at 0.7934 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to 0.7890 support (Fibonacci extension, horizontal overlap support).
Stochastic (21,5,3) is seeing major resistance at 93% where a corresponding reaction could occur.
Trading CFDs on margin carries...
Silver has been rising strong and is now testing major 50% resistance at 16.91 (Fibonacci retracement, Elliott wave structure, horizontal swing high resistance) and a strong reaction could occur at this level to push price all the way down to 16.48 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,5,3) is seeing major resistance at 95%...
Litecoin has shot up perfectly as forecasted and hit our major resistance level before slowing down. Another rise could occur above 214.38 support (Fibonacci retracement, horizontal overlap resistance) to push price up further to 264.42 resistance (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension).
RSI (34) is clearly above our major...
Bitcoin has shot up and reached our major resistance level at 9848 (near 10,000 psychological level, Fibonacci retracement, horizontal overlap resistance) and a strong reversal could occur at this level to push price down to 7938 support (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 92% where a...
CADCHF is now testing our long term channel resistance once again and a further drop could occur from this level as it has respected the channel so well so far. Our 1st resistance is at 0.7438 (Fibonacci retracement, horizontal overlap resistance) and our next support is all the way down at 0.7368 (Fibonacci extension).
Trading CFDs on margin carries high risk....
